Is Lakemore, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Lakemore was a Seller's Market.
Housing Prices in Lakemore, OH
How much do homes in Lakemore, OH cost?
Median Sold Price
$199,900
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Lakemore was $199,900 in June 2024, up 5.2% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $193K | $189.9K | -1.6% |
3 Bedrooms | $167.5K | $183K | +9.3% |
4 Bedrooms | $205.8K | $250K | +21.4% |
5+ Bedrooms | $271.4K | - | N/A |
Summary: Lakemore housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Springfield Township | $169.9K | $181.5K | +6.8% |
Lakemore | $189.9K | $199.9K | +5.2% |
Housing Supply in Lakemore, OH
How many homes are available in Lakemore, OH?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
11 | 18 | +63.6% |
Summary: The Lakemore real estate market had 18 homes for sale in June 2024, a 63.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 5 | 10 | +100.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lakemore housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lakemore in June 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Lakemore, OH
How long does it take to sell a home in Lakemore, OH?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
32 Days | 15 Days | -53.1% |
Summary: Homes in Lakemore had an average of 15 days on market in Jun 2024, down by 53.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in Lakemore; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.